SALT discussion thread

[Anonymous No.4312324]

Will this moon come 2018?

[Anonymous No.4312382]

>using crypto as collateral for a loan

This has to be a big deal

[Anonymous No.4312447]

If they can get the platform off the ground and running, this is very well going to be a half billion to billion dollar market cap. Crypto as collateral for a loan is going to be super beneficial to anyone looking to scrape a bit of profits from the top to pay bills, take a trip, but some fuckin' weed, etc. You'll throw your shitcoins up as collateral, pay some interest, then pay off the loan and interest (both I think using SALT -- need to reconfirm this). You're paying a service fee (interest) for the loan, but you're not having to sell your shitcoin to bitcoin, then to Coinbase or GDAX or wherever, then out to FIAT.

[Anonymous No.4312482]

>>4312447
I thought I read somewhere on their site last night that you could only pay the interest partially using SALT. I'd have to confirm

[Anonymous No.4312525]

Expecting $25 - but how can it go higher than that since that is what a salt token is "worth" on the lending platform? Have the creators said anything about changing the Salt Token price when it reaches that?

[Anonymous No.4312610]

>>4312525
I don't think they have. Call me a fucking faggot but why is it trading so low if it's going to be worth $25 on the platform?

[Anonymous No.4312698]

>>4312610
The public platform hasn't launched yet so I think the market is just "cautious" about what it is worth until the platform is actually in action. That's just my opinion though.

[Anonymous No.4312720]

>>4312698
What kind of repercussions would be had if it wasn't valued at $25 by the time they launch?

[Anonymous No.4312752]

>>4312720
GIANT GREEN CANDLES

[Anonymous No.4312773]

>>4312720
Not sure anon. It's hard to see why it wouldn't be valued at $25 (or close to) at launch provided everything goes according to plan.

[Anonymous No.4312866]

>>4312482
No, that's just an option. SALT can be used to pay down a portion of the loan as well as to secure a better interest rate. Also for memberships (obviously) and goods in their proposed store (promo materials show SALT branded KeepKey).
>>4312525
Yes, they've said it will increase as needed but don't expect it to ever sell on the platform for less than $25. The original starting price plan was actually $10 & was already increased along the way. Testers of the platform also reported that the price showed up as $32.50 at some point as well.
>>4312752
This

[Anonymous No.4312885]

>>4312482
No, paying down the loan with the salt token is optional and if you do that then it will be at a highly reduced rate, better than just using fiat.

[Anonymous No.4313111]

>>4312752
well fuck, giant green candles are always good right

[Anonymous No.4313134]

>>4313111
Only if you bought low

[Anonymous No.4313150]

>>4313111
as long as you weak hand faggots don't sell at lower price which happens to be your nature
>buy high
>sell low

[Anonymous No.4313243]

Search the Salt Investment Thesis (Google it, it'll be a Google Drive Document). Very good analysis of SALT in the coming months.

[Anonymous No.4313285]

>>4313243
>Salt Investment Thesis
https://docs.google.com/document/d/1MXU-CiDWWywXJQO2KJSvNOmbXOxxRb1BxwjDaEOqnBk/edit#

[Anonymous No.4313320]

What's the point of owning SALT? The company looks interesting but this looks like a cash grab.

Why don't they have dividends and share the profit instead of being stupid jews about it?

[Anonymous No.4313466]

>>4313320
it sounds like people might actually be using it unlike most shit coins out there

[Anonymous No.4313725]

>>4313320
They do not pay interest Because SALT token holders are not lenders. You don't understand the concept.